WASHINGTON (Reuters) -The United States will restart trade negotiations with Canada immediately after Canada scrapped its digital services tax targeting U.S. technology firms, White House economic adviser Kevin Hassett said on Monday. "Absolutely," Hassett said on Fox News when asked about the talks restarting. President Donald Trump asked the Canadians to take the tax off at the G7 meeting ...
By Savyata Mishra and Juveria Tabassum (Reuters) -Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about $4.3 billion, stepping up its efforts to capture more demand from professional contractors. The deal also comes amid threats of a hostile takeover for GMS from billionaire Brad Jacobs-led rival QXO. Home improvement retailers ...
(Reuters) -Global ratings agency Fitch on Monday revised its outlook on U.S. planemaker Boeing (NYSE:BA) to ’stable’ from ’negative’ and affirmed its ’BBB-’ rating, citing improved financial flexibility and production. The revision in outlook comes as a relief for Boeing, which has resolved its labor dispute and is undergoing a broader transformation under current CEO Kelly Ortberg. Ma ...
Investing.com -- New Fortress Energy (NASDAQ:NFE) stock surged 36% following news from El Nuevo Día that the company has secured a 15-year contract to supply liquefied natural gas (LNG) to multiple power plants. The energy infrastructure company, along with Crowley, was selected to provide natural gas to five power plants and upcoming rapid response units in Puerto Rico, according to local newspa ...